Lachlan Fitt and Cameron Rodger are the latest names to depart from Entain, leaving two key positions empty in their wake.
Entain Australia & New Zealand operations will be significantly impacted, with Rodger resigning from the position of Managing Director of Entain NZ, while Fitt is stepping down from Deputy Chief Executive and Chief Financial Officer of Entain Australia.
Rodger first joined the company in 2023, transitioning from a 12-year leadership experience at Tab NZ after both companies ventured into a partnership in June of that year. Fitt has been the CFO of Entain Australia since 2019.
Speaking to The Guardian, Fitt said: “I am grateful to Entain for backing me, and particularly for the recent opportunity to work on starting the revitalisation of the New Zealand racing industry.
“I am proud of the transformation of Entain’s wagering and media business in New Zealand, there is still more to do, but it is in great shape.
“I hope to shortly be announcing what I will be doing next – there are a number of opportunities that combine my passion for racing and bloodstock, and the global opportunity both present.”
Corporate headwinds
Meanwhile, the Australian Financial Intelligence Agency (AUSTRAC) is conducting a money laundering investigation into Entain Australia. At the minute there is nothing to suggest that both developments are connected.
The financial regulator has accused the operator of knowingly accepting AUD $152m (€90m) from high-risk customers linked to criminal activities.
It is also worth noting that Entain Group recently parted ways with CEO Gavin Isaacs after a mutual agreement was reached between both parties.